Range Resources Corp (RRC) concluded trading on Thursday at a closing price of $34.50, with 2.9 million shares of worth about $99.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.17% during that period and on December 05, 2024 the price saw a loss of about -0.83%. Currently the company’s common shares owned by public are about 241.31M shares, out of which, 238.13M shares are available for trading.
Stock saw a price change of -3.06% in past 5 days and over the past one month there was a price change of 12.09%. Year-to-date (YTD), RRC shares are showing a performance of 13.34% which increased to 10.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.29 but also hit the highest price of $39.33 during that period. The average intraday trading volume for Range Resources Corp shares is 2.21 million. The stock is currently trading -0.45% below its 20-day simple moving average (SMA20), while that difference is up 6.47% for SMA50 and it goes to 4.23% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Range Resources Corp (NYSE: RRC) currently have 241.31M outstanding shares and institutions hold larger chunk of about 96.04% of that.
The stock has a current market capitalization of $8.33B and its 3Y-monthly beta is at 1.83. PE ratio of stock for trailing 12 months is 17.52, while it has posted earnings per share of $1.97 in the same period. It has Quick Ratio of 0.54 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RRC, volatility over the week remained 2.38% while standing at 2.63% over the month.
Stock’s fiscal year EPS is expected to drop by -9.28% while it is estimated to increase by 36.10% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 28, 2024 offering a Neutral rating for the stock and assigned a target price of $34 to it. Coverage by Barclays stated Range Resources Corp (RRC) stock as an Equal weight in their note to investors on October 02, 2024, suggesting a price target of $34 for the stock. On October 01, 2024, Wells Fargo Upgrade their recommendations, while on August 20, 2024, Scotiabank Upgrade their ratings for the stock with a price target of $45. Stock get a Neutral rating from Piper Sandler on August 15, 2024.
